Risk Management Magazine (2/21/2023)
Determining appropriate policy limits is no easy task, as illustrated by a recent court case that sought to determine whether policy language obligated an insurer to defend and indemnify a broker against a professional negligence claim.

Insurance Journal (2/20/2023)
Just days after thousands of policies from troubled United Property & Casualty Insurance Co. were transferred to Slide Insurance, it was announced that UPC is officially broke and will soon be liquidated.

Finance Magnates (2/23/2023)
This overview of Insurtech illustrates the variety of technologies that are steadily reshaping the insurance industry.

PropertyCasualty360 (2/23/2023)
According to a report from MarshBerry, specialty distributors consolidated over four times more than retail brokers did in 2022. The report predicts growth will continue in 2023 with an expected increase of 10% to 15% or more.

Insurance Business (2/24/2023)
Allstate Insurance Company has reported a considerable drop in its insurance agent count, from 9,300 a year ago to 8,400 now.

Insurance Journal (2/23/2023)
The most recent analysis from global catastrophe risk modeling firm Moody’s RMS, estimates that total insured losses due to Turkey’s recent earthquakes is at $5 billion.

Insurance Business (2/24/2023)
Humana, one of the 10 largest health insurance providers in the U.S., has announced that it will exit the employer group commercial medical products business, but specified that no other Humana health plan offerings will be materially affected.

Reuters (2/23/2023)
According to Chile’s Finance Ministry, "the insurance would allow Chile to receive pre-established compensation payments, in the event of certain high-intensity parameterized seismic events that cause material damage to the country and public finances."

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